International growth, along with offshore and strength in North America, propelled fourth quarter and 2022 earnings for oilfield service companies SLB, Baker Hughes and Halliburton.
"DOE investments are helping to build out a domestic bioenergy supply chain that increases America's energy independence, creates jobs, and accelerates the adoption of cleaner fuels for our transportation needs," U.S. Secretary of Energy Jennifer M. Granholm said.
Citing the recovery of hydrocarbon demand, Andros Capital will target middle-market private equity, credit transactions between $100 million to $500 million with energy Fund II.
Expro’s 10-year agreement with Eni SpA will allow incremental gas production for low carbon electricity generation, the company said.
Baker Hughes earnings per share jump 46% over Q3, but analysts were disappointed they weren’t as high as they expected.
India is encouraging joint development production of oil and gas assets and investment in its domestic E&P sector, says Hardeep Singh Puri, Ministry of Petroleum and Natural Gas.
South Korea’s Qcells plans to start building a new solar parts manufacturing facility in Georgia during first-quarter 2023 with commercial production set to begin late 2024.
QatarEnergy and an affiliate of U.S.-based Chevron announced an FID to construct the Ras Laffan Petrochemicals Complex, a $6 billion integrated olefins and polyethylene facility in Ras Laffan Industrial City.
The Bell Bay Powerfuels project, run by Iberdrola and Abel Energy, is expected to reach final investment decision in 2024.
Palliser Capital recommended the replacement of Capricorn Energy's CEO and CFO, among others, and recommended former BP North Africa regional president Hesham Mekawi and former Spirit Energy CEO Christopher Cox as replacement directors.